AVERY DENNISON NORDIC ApS — Credit Rating and Financial Key Figures

CVR number: 37354813
Baldersbuen 61, Baldersbrønde 2640 Hedehusene

Company information

Official name
AVERY DENNISON NORDIC ApS
Established
1972
Domicile
Baldersbrønde
Company form
Private limited company
Industry

About AVERY DENNISON NORDIC ApS

AVERY DENNISON NORDIC ApS (CVR number: 37354813) is a company from Høje-Taastrup. The company reported a net sales of 11.7 mDKK in 2023, demonstrating a decline of -2.7 % compared to the previous year. The operating profit percentage was at 98.4 % (EBIT: 11.5 mDKK), while net earnings were 16.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 26.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AVERY DENNISON NORDIC ApS's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales4 939.949 242.999 044.6312 020.9611 693.72
Gross profit4 693.378 939.638 763.5111 651.6411 511.41
EBIT4 693.378 939.638 763.5111 651.6411 511.41
Net earnings4 757.079 811.829 829.2213 176.8616 140.72
Shareholders equity total20 216.6530 028.4839 857.6953 034.5669 175.27
Balance sheet total (assets)25 701.3135 176.9344 538.7257 278.1472 182.94
Net debt4 959.854 996.154 513.303 982.322 716.21
Profitability
EBIT-%95.0 %96.7 %96.9 %96.9 %98.4 %
ROA4.8 %29.4 %22.0 %22.9 %17.8 %
ROE6.6 %39.1 %28.1 %28.4 %26.4 %
ROI4.8 %29.5 %22.1 %23.0 %17.9 %
Economic value added (EVA)1 686.7610 055.4810 030.9513 386.7316 444.58
Solvency
Equity ratio78.7 %85.4 %89.5 %92.6 %95.8 %
Gearing26.1 %16.6 %11.3 %7.5 %3.9 %
Relative net indebtedness %104.5 %55.7 %51.8 %35.3 %25.7 %
Liquidity
Quick ratio0.20.30.30.61.8
Current ratio0.20.30.30.61.8
Cash and cash equivalents321.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-89.4 %-41.6 %-33.8 %-15.8 %21.7 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:17.8%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.8%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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